Friday, May 28, 2010

5/28/10 Fri. pm Dow Closes 10,136.63 down 122.36 or 1.19%

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Post No. 455. The following is brought to you by Intellivest Securities Research, Inc. Toward the end of this Blog is a list of the Dow 30 current CEOs, a ranking of the Dow 30 components by market capitalization as of 5/1/10 and an update of the Dow 30 component's SEC filings as of 5/10/10.

The Dow Jones Industrial Average closed Friday at 10,136.63 down 122.36 or 1.19% from Thursday's close of 10,258.99. For the Week the Dow was down 56.76 or 0.55% from last Friday's close of 10,193.39. Of the 30 Dow Companies: 3 gained and 27 declined. The biggest gainer dollar-wise was Coke KO $51.4 +0.17 0.33% 11,449,115 NYSE and percentage-wise was Coke and Procter & Gamble PG $61.09 +0.14 0.23% 13,530,463 NYSE. The biggest decliner dollar-wise was 3M MMM $79.31 -2.12 2.6% 6,365,592 and percentage-wise was Bank of America BAC $15.74 -0.44 2.72% 156,924,599 NYSE.

As of the open of the market Friday, the current divisor for the Dow Jones Industrial Average found at page C4 of today's Wall St. Journal is 0.132319125 unchanged, the trailing P/E ratio is 14.92 up from Thursday's 14.50 (year ago it was 42.24) the P/E estimate is 12.45 unchanged from Thursday's 12.45 (year ago it was 23.73) and the current dividend yield is 2.69 down from Thursday's 2.76 (it was 3.65 a year ago). The Dow's all-time high was 14,164.53 on Oct. 9, 2007. The 12 year low close for the Dow was on March 9, 2009 when it fell to 6,547.05.

Friday's Dow Jones Industrial Average closing numerator was 1,341.27 down 16.19 from Thursday's closing numerator of 1,357.46. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator decrease of 16.19 for Friday by the divisor (0.132319125) you get thede ncrease in Thursday's Dow of 122.36. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $44.71 down 0.54 from Thursday's Dow Jones Industrial Average average closing price of $45.25. The median closing price of Friday's Dow Jones Industrial Average was $39.73 down 0.65 from Thursday's median price of $40.38. The lowest volume was United Technologies UTX $67.38 -0.73 1.07% 4,663,019 NYSE and the highest volume again was Bank of America BAC $15.74 -0.44 2.72% 156,924,599 NYSE.

If Friday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would havelost $1,623 (135,750 - $134,127).

Market Watch Fri. 5/28/10 at 4:40 pm by Peter McKay says a downgrade of Spain's debt rating rekindled investors' broader fears about European credit sparking a sharp decline in stocks in the last session of May, which saw the market's worst monthly drop since February 2009. Trading was especially volatile in the afternoon after Fitch Ratings lowered its rating on Spain's debt to AA+ from AAA, but said the country's outlook is stable. The downgrade came despite this week's passage of austerity measures by the Spanish government -- a move that bulls had hoped would help the country avoid struggles similar to those of Greece. The Dow Jones Industrial Average (DJIA 10,136, -122.59, -1.20%) fell 122.36 points, or 1.2%, to 10136.63, led by declines of more than 2.5% each in 3M (MMM 79.88, +0.57, +0.71%) , Bank of America (BAC 15.72, -0.02, -0.13%) and Walt Disney (DIS 33.51, +0.09, +0.27% . Industrials weakened as fresh euro-zone concerns reignited worries that global demand may wane. Boeing (BA 64.18, -0.95, -1.46%) fell 1.5%, while Caterpillar (CAT 61.37, +0.61, +1.01%) was off 2.1%. Traders and analysts have recently become less concerned about the chances of a chain reaction of defaults by heavily indebted euro-zone members that might jolt the global financial system. But they're becoming more concerned about a long slog for the continent before it returns to full economic health. The Dow ended down 7.9% for May, its biggest monthly drop since February 2009, when it was still on its way to the lows of the last bear market. The measure also snapped a three-month winning streak and set its worst percentage performance for May since 1962. Volume was light ahead of a three-day weekend. Composite turnover in New York Stock Exchange-listed companies hit 5.1 billion shares, well below the month's average daily volume of nearly 7 billion shares.
The relatively light trading hasn't prevented big swings in major averages, however. The Dow was off as much as 163 points following Spain's credit downgrade, then recovered to trade less than 70 points lower before settling into a relatively narrow range.A slew of economic indicators are on tap for next week, ranging from manufacturing data to the closely watched monthly unemployment report which is due on Friday. The Nasdaq Composite (COMP 2,257, -20.64, -0.91%) tumbled 0.9% to 2257.04, off 8.3% for May, its worst monthly decline since November 2008. The Standard & Poor's 500 (SPX 1,089, -13.65, -1.24%) slipped 1.2% to 1089.40, down 8.2% for May, its worst performance since February 2009. The euro slipped after the Spanish debt downgrade, with the common currency recently trading at $1.2280, from $1.2362 late Thursday. The U.S. Dollar Index (DXY 86.75, +0.57, +0.66%) , tracking the U.S. currency against a basket of six others, jumped 0.6%. Treasury prices also rose, pushing the yield on the 10-year note down to 3.303%. Crude-oil futures fell just below $74 a barrel to end the month down 14.1%, the worst showing since December 2008. Data showed consumer spending was flat last month. U.S. business activity expanded at a slower-than-expected pace in May, according to a survey of Chicago-area purchasing managers. In other economic data, consumer-sentiment levels ticked higher in May, according to the final Reuters/University of Michigan consumer-sentiment index.Among stocks in focus, American depositary shares of BP (BP 42.90, -0.05, -0.12%) fell 5.4% as the company continued efforts to cap a leaking oil well in the Gulf of Mexico.Apple (AAPL 257.07, +0.19, +0.07%) rose 1.4% as its iPad made its debut outside the U.S. on Friday, drawing long lines of eager consumers who were hoping to get their hands on the hot-selling tablet-style computer that is still in short supply at home. In addition, Bank of America Merrill Lynch analysts raised their iPhone and iPad estimates as well as their price target on Apple.

Friday's Closing Dow closing numbers:
Symb/Last/Change/% Change/Vol./Market



AT&T T $24.3- 0.33 1.34% 29,185,142 NYSE
Alcoa AA $11.64 -0.18 1.52% 20,693,970 NYSE
Amex AXP $39.87 -0.46 1.14% 12,090,092 NYSE
Bank of America BAC $15.74 -0.44 2.72% 156,924,599 NYSE
Boeing BA $64.18 -0.95 1.46% 5,626,990 NYSE
Caterpillar CAT $60.76 -1.30 2.09% 7,587,114 NYSE
Chevron CVX $73.87 -0.49 0.66% 14,092,219 NYSE
CSCO $23.15 -0.52 2.2% 52,573,342 NASDAQ-GS
Coke KO $51.4 +0.17 0.33% 11,449,115 NYSE
Disney DIS $33.42 -0.95 2.76% 15,594,607 NYSE
DuPont DD $36.17 -0.62 1.69% 5,302,194 NYSE
ExxonXOM $60.46 -1 1.63% 30,974,841 NYSE
GE $16.35 -0.31 1.86% 68,674,129 NYSE
Hewlett-Packard HPQ $46.01 -0.93 1.98% 18,703,165 NYSE
Home Depot HD $33.86- 0.69 2% 17,206,524 NYSE
Intel INTC $21.44- 0.32 1.47% 68,912,232 NASDAQ-GS
IBM $125.26 -1.13 0.89% 7,208,186 NYSE
JPMorgan JPM $39.58- 0.84 2.08% 40,024,104 NYSE
Johnson & Johnson JNJ $58.3 -0.73 1.24% 26,360,479 NYSE
KFT $28.6 -0.46 -1.58% 10,615,471 NYSE
McDonalds MCD $66.87 -0.33 0.49% 6,968,040 NYSE
MRK $33.69 +0.07 0.21% 24,375,877 NYSE
MSFT $25.83 -0.17 0.65% 61,568,667 NASDAQ-GS
Procter & Gamble PG $61.09 +0.14 0.23% 13,530,463 NYSE
Pfizer PFE $15.23 -0.14 0.91% 59,855,865 NYSE
3M MMM $79.31 -2.12 2.6% 6,365,592 NYSE
Travelers TRV $49.47 -0.26 0.52% 5,297,678 NYSE
United Technologies UTX $67.38 -0.73 1.07% 4,663,019 NYSE
Verizon VZ $27.52 -0.06 0.22% 17,877,102 Dual Listed
WalMart WMT $50.56 -0.14 0.28% 13,686,461 NYSE

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The following are excerpts from Friday morning's Blog.

A read of Friday's Wall St. Journal, Financial Times, New York Times, & Atlanta Journal & Constitution yielded the following stories about Dow Jones Industrial Average 30 component companies and the Dow with stories about the Dow aggregated first and then items about Dow Jones Industrial Average 30 companies presented alphabetically, followed by symbol and Thursday's stock prices and related data.

Dow: The Dow Jones Industrial Average closed Thursday at 10258.99 up 284.54 or 2.85% from Wednesday's close of 9,974.45. For the year the Dow is down1.62% Of the 30 Dow Companies: 29 gained and 1 declined. The biggest gainer dollar-wise was IBM $126.39+ 3.16 2.56% 7,725,310 and percentage-wise was AXP $40.33 +2.16 5.66% 14,740,254 NYSE. The biggest decliner dollar-wise and percentage-wise was JNJ $59.03 -0.63 1.06% 29,931,012 NYSE.

WSJ pC5 "Intel, Microsoft, BP and AmEx all Jump" by Kristina Peterson says stocks surged, posting their second largest gain this yer as fears of euro zone contagion receded and investors returned to riskier stocks, lifting shares fo tech firms including Intel and Microsoft. American Express also jumped, boosted by an analyst's upgrade. Fin'ls benefited as fears eased over Europe's debt woes. Bank of America rose 4.65, J.P. Morgan Chse rose 4.2% and Amex rose 5.7% after Sandler O'Neill upgraded it to buy from hold saying the firm's affluent custoemr base is likely more resilient to unemployment. Intel is charted under good news say it posted the biggest gain of the Dow while Johnson & Johnson was under bad news as a congressional hearing was told that the FDA is worried abou the quality control of JNJ.

WSJ pC1 "Risk Revival: Dow Bounces 284.54 Points" by Peter McKay, Kristina Peterson says investors embraced risk again throughout the fin'l markets, pushing stocks to their 2nd best day of the year and boosting the euro and commodities. Oil had its best one day gain since last Sept.

Fin Times p24 "Tiffany results add sparkle to latest corp. earnings" by Masa Serdarevic says storng corp. earnings helped lift US stocks sharply higher yesterday as investors took comfort in signs that the eurozone's fiscal probelms may be easing and shrugged off disappointing employment and macroeconomic data.

NYT pB1 "China Issues Assurances, And Investors Turn Positive" by Christine Hauser, David Jolly says after days of sudden losses and reversals, investors rallied around a rare bit of good news: The Chinese gov dismissed reports that it might pare its European investments given the debt problems gripping Europe.

USA Today p4B "Stocks make U Turn, zoom back up" by AP says stocks had another turnaround Thur and rocketed higher after China said it doesn't plan to sell the European debt it holds.

Thursday's Dow Jones Industrial Average closing numerator was 1,357.46 up 37.65 from Wednesday's closing numerator of 1,319.81. This is the sum of all 30 closing prices. A short cut to the Dow numerator is to multiply the closing Dow by the Divisor. Now, if you divide the Dow numerator increase of 37.65 for Thursday by the divisor (0.132319125) you get the increase in Thursday's Dow of284.54. A $1 change in the price of any DJIA stock = a 7.56 change in the average.

The average closing price (the closing numerator divided by 30) of Thursday's Dow Jones Industrial Average was $45.25 from Wednesday's Dow Jones Industrial Average average closing price of $43.99. The median closing price of Thursday's Dow Jones Industrial Average was $40.38 up 1.83 from Wednesday's median price of $38.55. The lowest volume was 3M MMM $81.43 +2.26 2.85% 4,553,777 NYSE and the highest volume again was Bank of America BAC $16.18 +0.71 4.59% 163,460,301 NYSE.

If Thursday morning before the market opened you had purchased 100 shares of each of the Dow Jones Industrial Average 30 shares (assuming you could buy fractional shares and assuming no transaction costs) and sold at the close you would have made $3,780 (135,750 - $131,970).

Market Watch Thur. 5/27/10 at 5:08 by Kate Gibson says US stocks relocated the rally gear Thursday, tracking a rebound in the euro as concerns about Europe's debt crisis ebbed somewhat after China denied reports it would sell euro-bond holdings. After an advance was short-circuited late Wednesday by a Financial Times report that China was considering paring its exposure to European debt, Wall Street resumed its climb after the agency that oversees China's foreign reserves denied the story. The Dow industrials jump more than 200 points, reclaiming 10,000. WSJ's Grainne McCarthy joins the News Hub and tells Simon Constable what's behind the surge. The Dow Jones Industrial Average (DJIA 10,259, +284.54, +2.85%) jumped 284.61 points, or 2.9%, to end at 10,258.99 -- its biggest gain since May 10. It's up 0.6% week to date, but remains down 7.1% for the month. Blue-chip gains were led by American Express Co. (AXP 40.21, -0.12, -0.30%) , up 5.7%; Intel Corp.(INTC 21.75, -0.01, -0.05%) , up 5.2%; and Alcoa Inc. (AA 11.80, -0.02, -0.17%) , up 5.1%. All but one of the Dow's 30 components were higher. The sole laggard was Johnson & Johnson (JNJ 58.97, -0.06, -0.10% . Shares of the health-care products company fell 0.2% after a Food and Drug Administration official told a congressional hearing Thursday that the agency is worried about quality control at the company, which last month recalled a liquid children's medicine. The S&P 500 Index (SPX 1,103, +35.11, +3.29%) rose 35.11, or 3.3%, to 1,103.06, with the broad index closing above the 1,100 mark for the first time since May 19. The S&P is up 1.4% week to date but remains off 7.1% for the month so far. Financials and energy powered the day's gains among the index's 10 industry groups. On the New York Mercantile Exchange, crude futures climbed above $74 a barrel and gold rose above $1,210 an ounce. The Nasdaq Composite Index (COMP 2,278, +81.80, +3.73%) rose 81.80 points, or 3.7%, to 2,277.68. The Nasdaq also returned to positive ground for the year. It's up 2.2% for the week so far, but it remains down 7.1% for May. Advancing stocks overran Thursday decliners by a nearly 14 to 1 ratio on the New York Stock Exchange, where volume topped 1.4 billion. Equities surged even after U.S. economic data had the government revising down to 3% its estimate of growth in the first quarter, and initial jobless claims fell less than hoped last week. BP PLC (BP 44.82, -0.56, -1.23%) rose 7% as the oil giant tried to plug the massive well spewing oil into the Gulf of Mexico. The Los Angeles Times reported that the "top kill" method being used on the damaged well was working, but the company did not confirm the report, saying it expected to have a better indication by the end of the day. Worries about Europe's debt trouble have slammed global markets this month, with investors giving in to concerns about the impact on economic growth.The euro(CUR_EURUSD 1.2302, -0.0058, -0.4692%) , viewed as one measure of confidence in Europe, climbed to $1.236 after a day-earlier drop left it close to the four-year low hit last week.

AT&T T $24.63 +0.50 2.07% 27,524,344 NYSE: No mentions found.

Alcoa AA $11.82 +0.57 5.07% 25,659,468 NYSE: No mentions found.

Amex AXP $40.33 +2.16 5.66% 14,740,254 NYSE: WSJ pC5 "Intel, Microsoft, BP and AmEx all Jump" by Kristina Peterson says stocks surged, posting their second largest gain this yer as fears of euro zone contagion receded and investors returned to riskier stocks, lifting shares fo tech firms including Intel and Microsoft. American Express also jumped, boosted by an analyst's upgrade. Fin'ls benefited as fears eased over Europe's debt woes. Bank of America rose 4.65, J.P. Morgan Chse rose 4.2% and Amex rose 5.7% after Sandler O'Neill upgraded it to buy from hold saying the firm's affluent custoemr base is likely more resilient to unemployment. Intel is charted under good news say it posted the biggest gain of the Dow while Johnson & Johnson was under bad news as a congressional hearing was told that the FDA is worried abou the quality control of JNJ.

Bank of AmBAC $16.18 +0.71 4.59% 163,460,301 NYSE: WSJ pC5 "Intel, Microsoft, BP and AmEx all Jump" by Kristina Peterson says stocks surged, posting their second largest gain this yer as fears of euro zone contagion receded and investors returned to riskier stocks, lifting shares fo tech firms including Intel and Microsoft. American Express also jumped, boosted by an analyst's upgrade. Fin'ls benefited as fears eased over Europe's debt woes. Bank of America rose 4.65, J.P. Morgan Chse rose 4.2% and Amex rose 5.7% after Sandler O'Neill upgraded it to buy from hold saying the firm's affluent custoemr base is likely more resilient to unemployment. Intel is charted under good news say it posted the biggest gain of the Dow while Johnson & Johnson was under bad news as a congressional hearing was told that the FDA is worried abou the quality control of JNJ.

Boeing BA $65.13 +1.87 2.96% 7,442,569 NYSE: No mentions found.

Caterpillar CAT $62.06 +2.33 3.9% 9,555,684 NYSE: No mentions found.

Chevron CVX $74.36 +2.81 3.93% 15,249,785 NYSE: No mentions found.

CSCO $23.67 +0.78 3.41% 59,790,326 NASDAQ-GS: No mentions found.

Coke KO $51.23 +1.15 2.3% 11,329,888 NYSE: No mentions found.

Disney DIS $34.37+ 1.30 3.93% 16,205,111 NYSE: No mentions found.

DuPont DD $36.79 +1.71 4.87% 12,940,786 NYSE: No mentions found.

Exxon XOM $61.46+2.15 3.63% 31,913,643 NYSE: No mentions found.

GE $16.66 +0.65 4.06% 70,102,381 NYSE: No mentions found.

Hewlett-Packard HPQ $46.94 +1.22 2.67% 17,939,637 NYSE: WSJ pB6 "Android Emerges as Big Rival ti iPad" by Don cark, Justin Scheck says the early trends appear to pose problems for Microsoft and Intel but neither is planning to cede the tablet market. Acer is the No. 2 PC maker behind Hewlett-Packard said it will use Android in a 7 inch tablet PC which will launch in Sept.

Home Depot HD $34.55 +0.51 1.5% 16,376,853 NYSE: No mentions found.

Intel INTC $21.76 +1.06 5.12% 83,237,328 NASDAQ-GS: WSJ pC5 "Intel, Microsoft, BP and AmEx all Jump" by Kristina Peterson says stocks surged, posting their second largest gain this yer as fears of euro zone contagion receded and investors returned to riskier stocks, lifting shares fo tech firms including Intel and Microsoft. American Express also jumped, boosted by an analyst's upgrade. Fin'ls benefited as fears eased over Europe's debt woes. Bank of America rose 4.65, J.P. Morgan Chse rose 4.2% and Amex rose 5.7% after Sandler O'Neill upgraded it to buy from hold saying the firm's affluent custoemr base is likely more resilient to unemployment. Intel is charted under good news say it posted the biggest gain of the Dow while Johnson & Johnson was under bad news as a congressional hearing was told that the FDA is worried abou the quality control of JNJ.

IBM $126.39+ 3.16 2.56% 7,725,310 NYSE: No mentions found.

JPMorgan JPM $40.42 +1.64 4.23% 44,835,982 NYSE: USA Today pB1 item says Lehman Bros. estate sued JPMorgan claiming it forced it into bankruptcy by not giving back billions of its money.

Johnson & John JNJ $59.03 -0.63 1.06% 29,931,012 NYSE: WSJ pB1 "FDA Weighing Penalties Vs. J&J" by Jennifer Dooren, Jonathan Rockoff says McNel Consumer Healthcare unit had a patttern of noncompliance with good manufacturing practices, NYT pA1 "FDA Is Consdiering Criminal Penalties and Product Seizures" by Andrew Pollack, Duff Wilson says the FDA is going to go against Johnson & Johnson' McNeil Labs. Related story at PA1 tells how a Congressional panel says biolabs like JNJ's are regulated lighter than a factory.

WSJ pC5 "Intel, Microsoft, BP and AmEx all Jump" by Kristina Peterson says stocks surged, posting their second largest gain this yer as fears of euro zone contagion receded and investors returned to riskier stocks, lifting shares fo tech firms including Intel and Microsoft. American Express also jumped, boosted by an analyst's upgrade. Fin'ls benefited as fears eased over Europe's debt woes. Bank of America rose 4.65, J.P. Morgan Chse rose 4.2% and Amex rose 5.7% after Sandler O'Neill upgraded it to buy from hold saying the firm's affluent custoemr base is likely more resilient to unemployment. Intel is charted under good news say it posted the biggest gain of the Dow while Johnson & Johnson was under bad news as a congressional hearing was told that the FDA is worried abou the quality control of JNJ.

KFT $29.06 +0.66 2.32% 14,543,986 NYSE: No mentions found.

McDonalds MCD $67.2 +1.19 1.8% 9,728,101 NYSE: No mentions found.

MRK $33.62+ 1.20 3.7% 30,576,365 NYSE: No mentions found.

MSFT $26 +0.99 3.96% 136,434,525 NASDAQ-GS: WSJ pB6 "Android Emerges as Big Rival ti iPad" by Don cark, Justin Scheck says the early trends appear to pose problems for Microsoft and Intel but neither is planning to cede the tablet market. Acer is the No. 2 PC maker behind Hewlett-Packard said it will use Android in a 7 inch tablet PC which will launch in Sept.

Pfizer PFE $15.37 +0.26 1.72% 66,954,883 NYSE: WSJ pB4 "Pfizer halds Drug Trial" by Peter Loftus says Pfizer stopped its trials for the hypertension drug Inspra was so successful in reducing the risk of cardiovascular death that it is seeking to market it since it reached its goal in the tests.

Procter & Gam PG $60.95 +0.51 0.84% 14,963,855 NYSE: No mentions found.

MMM $81.43 +2.26 2.85% 4,553,777 NYSE: No mentions found.

Travelers TRV $49.73 +1.73 3.6% 6,242,889 NYSE: No mentions found.

United Tech UTX $68.11 +1.96 2.96% 5,072,142 NYSE: No mentions found.

Verizon VZ $27.58 +0.65 2.41% 17,531,435 Dual Listed: No mentions found.

Walmart WMT $50.7 +0.68 1.36% 13,978,079 NYSE: WSJ pB1 "WalMart UK Deal Fits goal: go Small" by Cecilie Rohwedder says Asda, the British arm of WalMart is buying the UK sotres of the Danish Netto chain for $1.12 bil to fill a strategic gap for WalMart in Britain, smaller stores that can copete with rivals that opened downsized local markets in recent years.

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Here are the current CEOs of the Dow 30 Companies:

AT&T T Randall L. Stephenson
Alcoa AA Klaus Kleinfeld
American Express AXP Kenneth I. Chenault
Bank of America BAC Brian T. Moynihan
Boeing BA W. James McNerney, Jr.
Caterpillar CAT Douglas Oberhelman
Chevron CVX John Watson
Cisco CSCO John Chambers
Coca Cola KO Muhtar Kent
Disney DIS Robert Iger
DuPont DD Ellen Kullman
ExxonMobil XOM Rex W. Tillerson
GE Jeffrey R. Immelt
Hewlett-Packard HPQ Mark Hurd
Home Depot HD Frank Blake
Intel INTC Paul S. Otellini
IBM Samuel J. Palmisano
JPMorgan Chase JPM Jamie Dimon
Johnson & Johnson JNJ William C. Weldon
Kraft KFT Irene Rosenfeld
McDonald's MCD Jim Skinner
Merck MRK Robert Clark
Microsoft MSFT Steve Ballmer
Pfizer PFE Jeffrey Kindler
Procter & Gamble PG Bob McDonald
3M MMM George W. Buckley
Travelers TRV Jay S. Fishman
United Technologies UTX Louis Chenevert
Verizon VZ Ivan Seidenberg
Wal-Mart WMT Mike Duke

Here are the Dow Jones Industrial Average 30 ranked in order of market capitalization rounded to the nearest billion as of 5/1/10 (except for Microsoft) followed by number of shares outstanding rounded to the nearest 1/2 billion:

1. Exxon Mobil XOM $319 [5]
2. Microsoft MSFT 219 [9] (As of 5/26/10 market close)
3. WalMart WMT 201 [4]
4. GE 201 [10.5]
5. Procter & Gamble PG 180 [3]
6. BAC 179 [10]
7. Johnson & Johnson JNJ 177 [3]
8. JPMorgan Chase 169 [4]
9. IBM 166 [1]
10. Chevron CVX 163 [2]
11. AT&T 154 [6]
12. Cisco CSCO 154 [6]
13. Pfizer PFE 135 [8]
14. Intel INTC 126 [5.5]
15. Coke KO 123 [2]
16. Hewlett-Packard HPQ 122 [2]
17. Merck MRK 109 [3]
18. Verizon VZ 82 [3]
19. McDonald's MCD 76 [1]
20. Disney DIS 71 [2]
21. United Technologies UTX 70 [1]
22. 3M MMM 63 [.5]
23. Home Depot 60 [1.5]
24. Boeing BA 55 [1]
25. American Express AXP 55 [1]
26. Kraft KFT 51 [1.5]
27. Caterpillar CAT 43 [.5]
28. DuPont DD 36 [1]
29. Travelers 25 [.5]
30. Alcoa AA 14 [1]

Here are the latest SEC filings as of 5/10/10 market other than ownership filings, registration of shares for employee benefit plans, free writing prospectuses and, except for certain cases, I do not include third party shareholder proposals:

Symbol & Co. Name/Date of Filing/Form Filed/ Comments

T AT&T: 5/6/10 10-Q
5/4/10 8K: re: results from the annual meeting of the stockholders of AT&T Inc. held on April 30, 2010, in Chattanooga, Tennessee.

Alcoa AA: 5/4/10 8K re: Alcoa Inc.’s 2009 Sustainability Highlights Report.

American Express AXP: 5/5/10 10Q
4/28/10 8-K re: transcript of 4/22/10 American Express live audio conference call/webcast to discuss the Company’s financial results for the three months ended March 31, 2010

Bank of Am BAC: 5/10/10 Rule 424(b) Prospectus
5/7/10 10-Q

Boeing BA: 4/28/10 8-K re: results of its Annual Meeting of Shareholders on April 26, 2010

Caterpiller CAT: 5/10/10 Definitive Proxy materials
5/510 8-K re: departure of directors and officers
5/3/10 10Q

Chevron CVX: 5/510 10Q
4/30/10 8K re: 4/30/10 press release announcing unaudited first quarter 2010 net income of $4.6 billion

Cisco CSCO: 2/17/10 8K re: amendment of an excec vp's employment agreement.

Coke KO: 4/29/10 10Q
4/26/10 8K re: results of 4/21/10 voting results from annual meeting in Duluth, Ga.

Disney DIS: 3/16/10 8K re: amendment to stock option plan & by-laws